Austinmer vs Coledale
Austinmer (median $1,792,500) is roughly 17% cheaper to buy into than Coledale ($2,150,000). Over the past year, Austinmer (-6.4%) ran 15.4 percentage points ahead of Coledale (-21.8%) on house-price growth.
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Austinmer and Coledale side by side
| Measure | Austinmer | Coledale |
|---|---|---|
| Price and market | ||
| Median house | $1,792,500 | $2,150,000 |
| Median unit | $411,840 | $411,840 |
| House price change, 12 months | -6.4% | -21.8% |
| Renting | ||
| House rent | $1000/wk | $1000/wk |
| Unit rent | $585/wk | $585/wk |
| Owner occupied | 79.0% | 83.0% |
| Renter occupied | 19.0% | 14.0% |
| Schools | ||
| Schools nearby | 20 | 17 |
| Average ICSEA | 1049 | 1079 |
| Lifestyle and people | ||
| Walk score | 2 | 0 |
| Transit score | 30 | 0 |
| Bike score | 60 | 30 |
| Population | 2,725 | 1,372 |
| Median age | 42 | 42 |
| Climate | ||
| Annual rainfall | 1230 mm | 1230 mm |
| Mean max, January | 26.0°C | 26.0°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Austinmer scores higher on walkability (2/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Coledale (1079) sits above Austinmer (1049).
- For buyers
- Austinmer is the lower entry point at $1,792,500 median, 17% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Austinmer carries both higher gross yield (2.90% vs 2.42%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
- For families
- Coledale edges out on average school ICSEA (1079 vs 1049).
Austinmer vs Coledale: common questions
Is Austinmer or Coledale cheaper to buy in?
Austinmer has the lower median house price at $1,792,500, roughly 17% below Coledale ($2,150,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Austinmer or Coledale?
Over the past 12 months, Austinmer grew -6.4% vs -21.8% in Coledale, a gap of 15.4 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Austinmer or Coledale have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Coledale scores 1079 vs 1049 in Austinmer. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Austinmer or Coledale?
Austinmer scores 2/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Austinmer or Coledale?
Gross rental yield on houses is 2.90% in Austinmer vs 2.42% in Coledale. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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